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10/31/2019

Iberdrola Renewables provides more clean wind power to Modesto Irrigation District from Star Point project

Iberdrola Renewables provides more clean wind power to Modesto Irrigation District from Star Point project

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November 18, 2009

PORTLAND, Ore. — Iberdrola Renewables, the largest provider of wind power in the world, has executed another long-term power purchase agreement (PPA) with Modesto Irrigation District (MID) for at least half the output from its 99-megawatt Star Point Wind Project now under construction near Moro, Oregon.

MID, the Modesto, California area's public power utility, will purchase the wind energy from Portland, Oregon-based Iberdrola Renewables to bolster its already substantial renewable energy portfolio from 12 percent to 16 percent. MID has a goal of getting 20 percent of its energy from renewable sources by 2017.

"This PPA broadens the geographic diversity of MID's wind resources, uses existing transmission lines and puts MID in a good position to respond to California's changing renewable energy targets," said Allen Short, MID's General Manager. "Star Point wind power also represents the best value for clean energy, an important factor for MID customers in these tough economic times."

"Iberdrola Renewables is delighted to enter into our fourth power purchase agreement with MID, one of our many repeat customers," said Barrett Stambler, vice president of origination for Iberdrola Renewables. "The contract also demonstrates the strong market demand for clean, renewable energy as well as Iberdrola Renewables' ability to successfully tailor products to various types of customers."

Construction of the Star Point project, located in Sherman County, Oregon, created approximately 150 jobs over the summer and fall. Energy deliveries to MID are expected to start in 2010.

The Star Point project represents the latest of a total of 600 megawatts of wind power and a total of $1 billion of investment in Sherman County alone. Iberdrola Renewables has a portfolio of nearly 3,500 megawatts of wind power currently in operation across the U.S.

MID is a public agency established by vote of the people in 1887. Governed by a locally elected Board of Directors, MID operates on a not-for-profit basis with water and electric rates based on the cost of providing service. Its primary water source is the Tuolumne River.

About MID services

  • Irrigation water since 1904 — Serving 3,100 agricultural customers who irrigate 58,000 acres of almonds, walnuts, peaches, other crops.
  • Retail electric service since 1923 — Over 110,000 residential, commercial, industrial and agricultural accounts in California's Central Valley, situated halfway between San Francisco and Yosemite National Park.
  • Treated drinking water since 1994 — 40 million gallons per day (average) delivered to the City of Modesto, slightly more than half of the City's water supply

Contact:
Art Sasse, Director, Communications & Brand, Iberdrola Renewables, 503-796-7740
Paul Copleman, Media Relations, Iberdrola Renewables, 207-641-2805
Kate Hora, MID, 209-526-7454

 

About Avangrid

About Avangrid: Avangrid, Inc. (NYSE: AGR) aspires to be the leading sustainable energy company in the United States. Headquartered in Orange, CT with approximately $44 billion in assets and operations in 24 U.S. states, Avangrid has two primary lines of business: networks and renewables. Through its networks business, Avangrid owns and operates eight electric and natural gas utilities, serving more than 3.3 million customers in New York and New England. Through its renewables business, Avangrid owns and operates a portfolio of renewable energy generation facilities across the United States. Avangrid employs approximately 8,000 people and has been recognized by JUST Capital in 2021, 2022, 2023 and 2024 as one of the JUST 100 companies – a ranking of America’s best corporate citizens. In 2024, Avangrid ranked first among utilities and 12 overall. The company supports the U.N.’s Sustainable Development Goals and was named among the World’s Most Ethical Companies in 2024 for the sixth consecutive year by the Ethisphere Institute. Avangrid is a member of the group of companies controlled by Iberdrola, S.A. For more information, visit www.avangrid.com.

 

About Iberdrola: Iberdrola is one of the world's biggest energy companies and a leader in renewables, spearheading the energy transition to a low carbon economy. The group supplies energy to almost 100 million people in dozens of countries. With a focus on renewable energy, smart networks and smart solutions for customers, Iberdrola’s main markets include Europe (Spain, the United Kingdom, Portugal, France, Germany, Italy and Greece), the United States, Brazil, Mexico and Australia. The company is also present in growth markets such as Japan, Taiwan, Ireland, Sweden and Poland, among others.

With a workforce of nearly 40,000 and assets in excess of €141.7 billion, across the world, Iberdrola helps to support 400,000 jobs across its supply chain, with annual procurement of €12.2 billion. A benchmark in the fight against climate change, Iberdrola has invested more than €130 billion over the past two decades to help build a sustainable energy model, based on sound environmental, social and governance (ESG) principles.

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